Rinchi
TechInAfrica – Lori Systems, a Kenyan-based startup has extended its operations to Uganda, Rwanda, and South Sudan due to its multiple bids winning in relation to the newly built $4 billion railroad system in East Africa.
For your information, the startup has established a logistics platform in order to change the transport value chain in Africa. The aim of the expanding of new operation centers is to reduce the costs of goods and generate the region’s growth potential.
“We have grown significantly in the past years in term of throughput on the system and the team. Our team has increased sharply from 15 to 70 since February and takes experience from other organizations like McKinsey, DHL, and Nasa.” The CEO of Lori Systems, Josh Sandler said.
In order to reduce the costs of moving bulk imports and exports, the startup company has created a partnership with Kenya’s Standard Gauge Railway.
Commenting on the partnership, Josh Sandler stated: “We excitedly proclaim our partnership with the Standard Gauge Rail in Kenya as one of our efforts to reduce the costs of goods. Due to the goal, we have been expanding our operations to overcome transportation issues. We have succeeded in lowering direct costs of distributing bulk grains, reaching up to 17% reduction in Uganda,” He said.
Recently, the startup company has collaborated with Kuehne + Nagel, DHL, and Cargill, enabling them to get a good insight from their logistics data and generate informed action through fixed analytics, technology, and operations.
Lori Systems won the TechCrunch Startup Battlefield Africa hosted in Nairobi last year. Not only was it awarded as Sub-Saharan Africa’s Most Promising Startup, but also won the productivity and utility category.
